DALLAS, April 2, 2015 (GLOBE NEWSWIRE) -- Blue Calypso, Inc., (OTCBB:BCYP), developer of patented mobile consumer engagement and social advocacy solutions for retailers and product manufacturers, announced today that the Court has ruled to lift the stay on the pending patent infringement litigation in the Eastern District of Texas between the Company and Groupon (Nasdaq:GRPN), Yelp (NYSE:YELP), Foursquare and IZEA.PK (OTC:IZEA) (the defendants). A trial date has been set for December 14, 2015.
"As ordered by the judge today, we expect to enter an accelerated schedule now that the stay has been lifted. We should see a claim construction hearing ("Markman") on the court docket very soon," stated Blue Calypso CEO Andrew Levi.
In January 2014 the parties agreed to ask the court to stay the litigation in the Eastern District while the Patent Trial and Appeal Board (PTAB) considered the validity of the patents. The parties agreed that if the PTAB held any of the patents valid, the litigation would be accelerated to make up for lost time. This past December, the PTAB found that twenty-eight (28) claims across four (4) of the patents were indeed valid. Despite the defendants' prior agreement, they opposed lifting the stay. Today, the Court overruled the defendants, lifted the stay and set an accelerated trial date. There are no further obstacles to the trial at this point.
"We are very pleased that the judge has lifted the stay and that an accelerated trial date has been set," added Levi. "We are eager to have our day in court and look forward to the successful protection and enforcement of our intellectual property."
About Blue Calypso, Inc.
Blue Calypso, Inc. (BCYP) develops and delivers mobile engagement and social advocacy solutions for retailers and product manufacturers using its patented portfolio of products including Mobile ADvantage™, KIOSentrix™, DashTAGG® and SocialECHO™. The Company employs its unique platform to connect consumers to brands, drive store traffic, increase shopper spend and shorten the path-to-purchase. The Blue Calypso platform includes extensive big data analytics, tracking consumer engagement such as the spread of shared content, attribution, geo-location and offer redemption. Brands on this platform have key insight into the performance of their content and the sentiment of their customers in real-time. For more about the Company please visit www.bluecalypso.com
Corporate Services Advisor
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Alexandra Petek
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